PANTZER PROPERTIES: ANNAPOLIS EDITION

Pantzer Properties has acquired the 300-unit, Class-A apartment community at 1901 West St in Annapolis from an institutional investor. (Best amenity: the built-in protection from the 4,400 midshipmen just down the road.)
Jason Pantzer (whom we snapped with colleague Jordan Pantzer in their NYC office) tells us the property will be renamed The Point at Annapolis; Bozzuto had been property manager, but Pantzer?s Panco Management will take over. Pantzer acquired almost $600M worth of properties last year, including the 2,850-unit Magazine portfolio across suburban DC, 308 units in Laurel now called The Point at Laurel Lakes, and the B note on DC?s 190-unit Ellington. It also owns Laurel?s FoxFire Apartment Community.

Jason says Fort Meade has helped demand in the area between DC and Baltimore, and Annapolis is simply a beautiful place to live, especially for dual-commuting (DC and Baltimore) households. HFF?s Alan Davis, Dave Nachison, and Brenden Flood brokered the deal on 1901 West St (above), and their colleagues Cary Abod and Calvin Jones arranged the financing with Freddie Mac.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Baltimore Newsletters
Related Stories

FoxRock Buys Quincy Office At 78% Discount After Luring Tenant Away

Denver Public Schools' $11M Centennial Hall Purchase Marks Rare Land Sale For ULC

Brandywine Plans To Sell $200M Worth Of Properties In 2027

Development Constraints In Massachusetts Push More Investors To Southern New Hampshire

Pennsylvania Reveals Draft Map Of Areas To Benefit From Opportunity Zones 2.0

Cresa Taps Nathan Knowles As Atlanta Market Leader

Developer Of $3.8B Atlanta Project Discloses $19M Accounting Error

Liberty Mutual Plans New Office Project To Consolidate HQ: The Boston Deal Sheet

Inter Miami Stadium Subcontractors Sue Over Millions In Unpaid Work

Meet The Women Pushing Boundaries In UK Development

Food Hall Planned Near Broncos' Burnham Yard Stadium Site

Next Phase Of Amsterdamse Poort Redevelopment Kicks Off